The wandering dog of crypto seeks refuge, torn between a heavenly ascent and an abyssal fall, as the market oracles whisper uncertain prophecies.
Solana's price retreated from $180 to $140 amid FTX's $431 million token unlock, though technical indicators suggest support at $120 may prevent further decline.
The price of Shiba Inu is about to drop by another zero due to strong selling pressure. After battling for months, SHIB has lost the majority of its previous gains and is now at its lowest point in recent history.
Since the beginning of the year, Solana (SOL) has been on a turbulent price ride. At first, it rose to a new ATH but crashed 53% amid a broader market correction and is struggling to recover.
The sharp reversal aligned with a cautious mood among traders after Monday's market rally following the ambitious plan, as a CoinDesk analysis previously noted.
Shiba Inu (SHIB) is set for a major price move, with AI predicting a 97% surge by March 2025. But is it the right time to invest amid rising scams?
A deeper retracement remains likely, with $155 and $145 emerging as critical support levels to watch.
The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.
Onchain data has revealed that FTX/Alameda has unstaked 3.03 million SOL and transferred to multiple wallets on March 4. The firm also noted that 37 wallets received the $421.3 million unstaked SOL.
Solana started a fresh decline from the $180 zone. SOL price is down over 20% and might struggle to recover above the $150 resistance.
Economic uncertainty and trade tensions may dampen investor confidence, potentially leading to prolonged volatility in crypto markets. The post Crypto market in free fall ahead of Trump tariff deadline—XRP, ADA, SOL post double-digit losses appeared first on Crypto Briefing.
Solana (SOL -21.86%) has been giving up ground over the last day of trading. The cryptocurrency's share price was down 19.4% over the previous 24 hours as of 6:45 p.m.
The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.
The cryptocurrency market has experienced significant volatility recently, and Solana (SOL) has been one of the standout performers, making noticeable gains. As of today, SOL has risen by 15.92%, catching the attention of traders and investors alike.
President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.
Solana price is in the spotlight as the wallets linked to the bankrupt FTX Derivatives Exchange have received a massive SOL stash in a significant headwind for the coin. According to an update from Arkham Intelligence, the wallets tied to the FTX and Alameda Research Estate received 3.033 million Solana from an unidentified address.
President Donald Trump's influence is being felt in the crypto markets, with coins falling alongside stocks ahead of tariffs taking effect.
White House AI and crypto czar David Sacks confirmed he owns no crypto assets, having sold off everything before US President Donald Trump took office.
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Shiba Inu (SHIB), the popular dog-themed cryptocurrency, has shown signs of recovery, with its profitability increasing to 40%. This is a notable improvement after it recently dropped to a low of 18%.
Gemini co-founder and CEO Tyler Winklevoss has discussed using altcoins like Solana (SOL), Cardano (ADA), and XRP in strategic crypto in the United States. His comments come amid the growing debate on the suitability of these assets and Bitcoin in a national digital assets stockpile.
Tyler Winklevoss, co-founder of Gemini, has publicly questioned the inclusion of XRP, solana (SOL), and cardano (ADA) in a proposed U.S. strategic crypto reserve. Winklevoss Criticizes Trump's Proposed Crypto Reserve Inclusion of XRP, SOL, ADA Over Suitability President Donald Trump, the 47th U.S.
ADA, XRP and SOL are seeing profit booking just a day after rallying following President Trump's US strategic crypto reserve announcement. Is the market headed toward new lows?
Solana (SOL) has delivered a dramatic shift in market structure, breaking above a descending parallel channel that had dominated its price action for several weeks. Ali Martinez (@ali_charts), who shared the attached four-hour chart, suggests that this breakout could position the token for a potential climb toward $213.
President Donald Trump announced the inclusion of XRP (Ripple), SOL (Solana), and ADA (Cardano) in a new U.S. Crypto Strategic Reserve, triggering a surge in their market value.
Shiba Inu ecosystem's main pair of tokens SHIB & BONE could serve as gas fee payment options on Ethereum.
Mutuum Finance (MUTM) is quickly becoming one of the top performers, set to unseat leading meme coins like Pepe Coin (PEPE) and Shiba Inu (SHIB). At the time of press, Shiba Inu is trading at $0.00001413 and Pepe Coin at $0.0000074.
The crypto markets witnessed huge volatility in the past couple of days, which increased the global market capitalization to above $3 trillion. Bitcoin's price surged above $95,000, which prevented the price from falling from an extended bearish trend.
Shiba Inu (SHIB) investors were left stunned after the cryptocurrency experienced what seemed like a promising breakout, only to face a sharp reversal. The price briefly surged past the critical resistance level of $0.000014, triggering excitement among traders, but it quickly fell back below that mark, leading many to wonder if this price movement was merely a “fakeout.
"Always verify the handle and followers," Shibarium Trustwatch advised.
Altcoins soar as Bitcoin reclaims $93.5K amid Trump's Crypto Strategic Reserve. Can ADA hit $1.63, SOL rally to $260, and XRP break $4.26?
The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.
Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.
BNB Chain is implementing significant upgrades to Binance Smart Chain to handle increasing meme coin activity, including transaction throughput improvements and a $4.4 million liquidity program.
As became known thanks to on-chain data from Arkham Intelligence, an unknown Shiba Inu (SHIB) whale deposited all their meme coin holdings to Coinbase just 10 hours ago. Thus, almost 174.6 billion SHIB, which is roughly equal to $2.53 million, ended up in the hot wallet of the leading U.S. cryptocurrency exchange, sent there by the address "0x45492.
Dog-themed cryptocurrency Shiba Inu (SHIB) is showing signs of recovery, with the percentage of holders "in the money" returning to 40%, a significant rebound from its recent low of 18%. This marks a turnaround in market sentiment, suggesting renewed investor confidence in the dog-themed coin.
White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.
Solana has maintained its lead in decentralized exchange trading volumes for five consecutive months, according to DefiLlama data. Solana (SOL) has maintained its lead in DEX trading volumes for five consecutive months, according to DefiLlama data.
Shiba Inu price faces bearish pressure despite the broader crypto market recording a relief rally over the weekend. SHIB has lost over $1 billion in market cap in the last month, and even as analysts forecast a potential rally, Shiba Inu Coin (SHIB) continues to face bearish headwinds, including a drop in the burn rate
Solana (SOL) has found itself at a crossroads as the cryptocurrency faces significant pressure from the liquidation of 11.2 million SOL tokens tied to FTX's bankruptcy. The unlock, which took place on March 1st, has raised concerns of a potential sell-off, with tokens valued between $1.5 billion and $2 billion now entering the market.
The rivalry between Ethereum and Solana has taken a new twist with the current outlook of the DEX metrics over the past month. According to data from DeFiLlama, Solana has retained the top spot per DEX volume in the past 24 hours.
The bulls are dominating today, according to CoinStats.
Solana has jumped by 11% in the past 24 hours, with its rally back to $159 coming after US President Donald Trump mentioned SOL as one of the coins likely to gain entry in a potential crypto strategic reserve. The post Trump's ‘Crypto Strategic Reserve' Names Solana – Can SOL Reach $10,000? appeared first on Cryptonews.
Donald Trump's decision to include select cryptocurrencies in the U.S. Crypto Strategic Reserves has stirred intense debate in the crypto space. According to CryptoQuant CEO Ki Young Ju, the U.S. is now using the crypto market as a strategic tool, especially for its national interests.
Trump aims to establish a U.S. Crypto Reserve to revitalize the digital asset industry. He claims it will counter “corrupt attacks” by the Biden Administration.
The cryptocurrency market erupted after Donald Trump announced the formation of a U.S. Strategic Crypto Reserve, placing key assets like XRP, Cardano , and Solana in the spotlight. Posting on Truth Social, Trump declared his ambition to make the U.S. the “Crypto Capital of the World”, sending shockwaves through the digital asset space.
The crypto market registered a sharp recovery on Sunday after President Donald Trump announced the names of cryptocurrencies to be included in the strategic reserve. As a result, the crypto market cap surged nearly 9% to reclaim the $3 trillion mark and move to its current $3.08 trillion.